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Fortune
Fortune
Emma Burleigh

One U.S. college is fixing tuition at just 10% of parental income: 'We’re not hiding the cost of college behind secret formulas'

Students happy outside of school (Credit: Halfpoint Images / Getty Images)

Many U.S. college degrees now come with a six-figure price tag, forcing families into debt and stunting the financial livelihood of young workers. But at one small liberal arts school in the U.S., students don’t have to choose between academic ambition and a lifetime of payments.

Whitman College, a private college in Walla Walla, Washington, will now fix its tuition at just 10% of family earnings in a push to rein in the rising cost of a degree.

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